Lucky Lopez | The Auto Loan Apocalypse

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6 • 679 Ratings

🗓️ 10 July 2022

⏱️ 81 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lucky Lopez is an entrepreneur, youtuber, car dealership owner, and automotive expert for TV. Lucky thinks the car market bubble is about to pop and claims that if banks keep loaning the way they are, this issue could parallel that of the 2008 housing crisis. Check out the Patreon! https://www.patreon.com/icedcoffeehour SUBSCRIBE TO LUCKY LOPEZ: https://www.youtube.com/c/AutomotiveLifeTV Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan https://www.instagram.com/alex_nava_photography Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & SEE MY STOCK TRADES - USE CODE GRAHAM: http://www.public.com/graham MY NEW COFFEE IS NOW FOR SALE: http://www.bankrollcoffee.com/ The Equipment used: https://tinyurl.com/y78py5g2 Audio Equipment Used In Podcast: Rode NT1, Rodecaster Pro The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF For Podcast Inquiries, please contact [email protected] *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome back to the Ice Coffee Hour. My name is Lucky Lopez at Automotive Life. And so far, the Ice Coffee Hour podcast has made $239,000, $63333.00.
0:10.5	Yeah, yeah, ever. $232,300. Ooh, what do I win? A high five, man. Thank you so much for coming on the Ice Coffee Hour. This is a trip because we've been friends with you for, I don't even know how long, maybe a year, right?
0:24.2	Yeah, technically it was a year when we went to Barrett Jackson.
0:27.3	Actually, they just reached out to me.
0:28.6	They're like, are you guys coming?
0:29.5	Are you guys coming?
0:30.1	Because Whovie was there again?
0:31.2	Yeah.
0:31.4	And it's already been a year.
0:33.2	That's crazy.
0:33.9	Just flew by. It's insane. We've hung out a ton in this past year, and something with your sector of your business has been
0:40.2	going crazy.
0:41.4	That's why we brought you on.
0:42.4	We think you can explain something going on with the car bubble.
0:45.7	The auto market bubble.
0:47.5	Car values have gone up more, by the way, than real estate, the S&P 500, collectibles.
0:53.3	People don't realize that cars, these last two years,
0:56.3	are up. I think it's 33%. Yeah. No, I think it's even higher. I think it's more. I think it's
1:00.7	40%. New cars, they have above MSRP purchase prices like the new Corvette of $50,000.
1:08.1	I tried to buy one of the new Ford Broncos, and they want $35,000 over MSRP. And a brand new Ford
1:14.9	Bronco is like $37,000 was the one I was looking at. So it's almost the same price as the car, which just
1:19.9	blows my mind. People don't realize that back when COVID first hit, you would have been best
	...

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